Jenifer, 45 years old and single, resides at Bacnor East, Burgos, Isabela. With her desire to help her parents with their daily needs, she engages in a hog raising business. She fattens and sells the hogs. She has been doing this business for almost five years.
At present, Jenifer is borrowing PHP 25,000 to purchase livestock feed and other needed supplies for her livelihood. She hopes that with the loan, her profit will increase. With hard work, Jenifer believes that nothing is impossible.
About Alalay sa Kaunlaran, Inc.
This loan is made possible by Alalay sa Kaunlaran, Inc. (ASKI), which means “a partner in development.” ASKI has been in operation for 25 years and runs multiple successful initiatives in addition to microlending. Its main microfinance branch focuses on lending to microentrepreneurs, small farmers, and fisher folk. ASKI also provides microinsurance and marketing support for borrowers, as well as educational programs to develop the skills of both borrowers and staff. The ASKI Foundation funds community development projects such as a daycare feeding program and scholarships for children. ASKI Global helps overseas Filipinos develop entrepreneurial and financial skills to maximize the impact of remittances.